James Bay Minerals (ASX: JBY) has identified 340 high-priority targets across its newly acquired La Grande East Project, located in the James Bay Province of Quebec, Canada.
The La Grande East Project is situated approximately 15km from James Bay Minerals’ Aqua Property and includes 136 claims (62 claims acquired and 74 claims staked), covering an area of 7,000 hectares along the Robert-Bourassa reservoir.
The property sits less than 1km from the Transtaiga Highway, which allows for all year walk-up access.
Desktop studies on the La Grande East Project have focused on magnetic lows (prospective zones) within the property which trend from east to west. Satellite imagery was then overlaid across the prospective zones focused on identifying white outcrops, which can correlate with pegmatite outcrops.
Planning for the company’s 2024 summer field exploration programme is well advanced with mobilisation expected within the next four weeks.
The field programme has been designed to understand all key areas identified via airborne surveys, data generated from neighbouring properties and desktop studies completed since listing.
The James Bay region, located in Quebec, Canada, is one of only very few Tier-1 jurisdictions which display the three key ingredients required for the formation of large-scale Lithium, Caesium, Tantalum (LCT) pegmatites.
James Bay Minerals is in the fortunate position of holding one of the largest land positions of 37,168 hectares along the La Grande Greenstone belt and the largest holding along the premium La Grande lithium trend, which extends from ~55km east to west.
